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Snail, Inc. Class A (SNAL)
NASDAQ:SNAL
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.05Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 26, 2025
|% Change Since: -56.17%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong annual performance with increased net revenue and a significant turnaround in net income and EBITDA for the year. However, the fourth quarter showed declines in net revenue, net income, bookings, and EBITDA, suggesting challenges in sustaining momentum. The sentiment is mixed with positive annual results overshadowed by quarterly declines.Company Guidance
During the call, Snail Inc. provided a comprehensive overview of their fiscal and strategic initiatives for the fourth quarter of 2024. The company reported a net revenue of $26.2 million for the quarter, marking a decrease from $28.6 million in the prior year period, primarily due to reduced Arc sales, albeit partially offset by the release of new DLCs. Notably, the Arc franchise saw over two million downloads of its Ultimate Mobile Edition, with users averaging 162.1 hours of gameplay. Despite a decline in quarterly net income to $1.1 million from $2.4 million in 2023, the annual net income rose to $1.8 million from a $9.1 million loss, thanks to increased revenue, which totaled $84.5 million for the year. Bookings for the quarter and year were $17 million and $75.7 million, respectively, reflecting a year-over-year decrease. The company also highlighted their strategic investments in new gaming titles, such as Honeycomb and Echoes of Elysium, set for 2025 releases, and ongoing efforts to diversify revenue through expanded publishing deals.Successful Launch of ARC Ultimate Mobile Edition
The next-gen Arc mobile game, ARC Ultimate Mobile Edition, was released on iOS and Android platforms, achieving over two million downloads in December 2024.
Increase in Annual Net Revenue
Net revenue for the year ended December 31, 2024, increased to $84.5 million from $60.9 million in the prior year, driven by deferred revenue recognition from the ARC franchise and increased BellRite sales.
Significant Turnaround in Annual Net Income
Net income for the year ended December 31, 2024, increased significantly to $1.8 million from a net loss of $9.1 million in the prior year.
EBITDA Improvement for the Year
EBITDA for the year was $3.2 million, compared to a loss of $9.7 million in the prior year, indicating a $12.9 million improvement.
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SNAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SNAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 26, 2025 | $1.62 | $1.21 | -25.31% |
| Nov 13, 2024 | $1.40 | $1.22 | -12.86% |
| Aug 13, 2024 | $0.79 | $0.73 | -7.59% |
| May 15, 2024 | $0.90 | $0.96 | +6.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Snail, Inc. Class A (SNAL) report earnings?
Snail, Inc. Class A (SNAL) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Snail, Inc. Class A (SNAL) earnings time?
Snail, Inc. Class A (SNAL) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNAL EPS forecast?
SNAL EPS forecast for the fiscal quarter 2025 (Q1) is -0.1.
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